Topic: Fiscal Discipline

1 chapters across the catalog

First Buddy
Episode 359 2:15:49 - 2:19:18

359: First Buddy

Mutualization of Public Debt and Loss of Sovereignty

Herman Van Rompuy's use of the term "mutualization of public debt" is analyzed. The hosts define this as a move toward the complete unification of Europe and the loss of national sovereignty for individual states. They argue that while the Greeks are rioting, most other Europeans are "asleep" to this banker takeover.